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Exports In 2022, Hong Kong exported $1.37M in Flax Yarn, making it the 17th largest exporter of Flax Yarn in the world. At the same year, Flax Yarn was the 844th most exported product in Hong Kong. The main destination of Flax Yarn exports from Hong Kong are: China ($887k), Vietnam ($334k), Germany ($70.2k), Bangladesh ($44.2k), and France ($19.9k).

The fastest growing export markets for Flax Yarn of Hong Kong between 2021 and 2022 were China ($772k), Germany ($56.5k), and France ($19.9k).

Imports In 2022, Hong Kong imported $3.5M in Flax Yarn, becoming the 23rd largest importer of Flax Yarn in the world. At the same year, Flax Yarn was the 881st most imported product in Hong Kong. Hong Kong imports Flax Yarn primarily from: Italy ($1.72M), China ($1.55M), Japan ($123k), Germany ($41.5k), and Vietnam ($30k).

The fastest growing import markets in Flax Yarn for Hong Kong between 2021 and 2022 were Japan ($96.1k), Vietnam ($24k), and Belgium ($4.89k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.37M
IMPORTS (2022)$3.5M
NET TRADE (2022)-$2.12M

In 2022, Hong Kong exported $1.37M in Flax Yarn. The main destinations of Hong Kong exports on Flax Yarn were China ($887k), Vietnam ($334k), Germany ($70.2k), Bangladesh ($44.2k), and France ($19.9k).

In 2022, Hong Kong imported $3.5M in Flax Yarn, mainly from Italy ($1.72M), China ($1.55M), Japan ($123k), Germany ($41.5k), and Vietnam ($30k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Flax Yarn EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
China$772k (677%)
Germany$56.5k (415%)
France$19.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flax Yarn BY Hong Kong WERE (2021 - 2022):
Vietnam-$1.18M (-77.9%)
Cambodia-$82.3k (-100%)
Latvia-$14.5k (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Flax Yarn were:
China $312M
Italy $58.4M
Poland $39.1M
In 2022, Hong Kong's main importing competitors in Flax Yarn were:
Italy $141M
India $64.6M
Turkey $55.7M

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Trade Value of Flax Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $27.2k
TOP IMPORT POTENTIALChina+ $860k

Flax Yarn’s highest export potential is Bangladesh. With an export gap of $27.2k.   Flax Yarn’s highest import potential is China with an import gap of $860k.

See methodology.

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